City leaders have “cut bait” on efforts to preserve workforce housing in River Park East.
At a special meeting May 21, city council, sitting as the Naples Community Redevelopment Agency (CRA), voted 5-2 to no longer pursue the purchase of the Stillwater Cove apartments.
The decision came after seven months of discussion and exploration into options for preserving the more affordable housing at the 4.6-acre site, with the current property owners and investors looking to sell it, leaving its future uncertain…